Price Reduced 6.31%
Price History
$1,599,999
7/30/2024
$1,499,000
8/17/2024
271 & 263 South Main Street, Newtown, CT, 06470
1850
0 sqft
TWO adjacent commercial lots totaling 2.06 acres located in a high-traffic area on South Main Street (Route 25) are being sold together as a package deal. The lot at 271 S Main St (parcel ID 361310) is 1.18 acres, and the lot at 263 S Main St (parcel ID 36139) is 0.88 acres. Lot 271 previously housed the "King's Breakfast & Lunch" restaurant, which is now vacant land. While lot 263 contains a 665 Square foot single structure. The location benefits from an approximate daily traffic count of 16,000 cars and is close to shopping centers, restaurants, and highways. Well and septic tanks are in place. Permitted Uses consist of: Retail use, Office building,Printing/publishing establishment, Wholesale business, Warehouse, Light industrial use and/or a Veterinary hospital. Special Exception Uses (require commission approval) consist of: Hotel/motel, Shopping center, Private school, Brewpubs and distilleries. There is potential for a gas station and convenience store, subject to town approval and zoning changes. YOUR INVESTMENT AWAITS! The property is sold as-is.
Status:
Active
Type:
Lot / Acreage
Zoning:
M-1
Frontage:
Municipal Street
Heating:
Baseboard
Cooling:
None
Acreage:
2.06
Est. Taxes:
$7,284
Assessment
$270,060
Utilities
Electric Available,Gas Available,Phone Available
Lot Description:
Additional Land Avail.,Level Lot
Days on Market:
50
MLS #:
24036412
Community Info
School Info
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Listing courtesy of Islam Ahmad, Regency Real Estate, LLC Email: islam@regencyhomesct.com